NEWS: Hong Kong central bank says the HK dollar remains steady (comments in response to the FOMC) April 29, 2021 at 03:23AM

NEWS: Hong Kong central bank says the HK dollar remains steady (comments in response to the FOMC) April 29, 2021 at 03:23AM

The Hong Kong Monetary Authority acts as HK’s central bank.
The HKD is linked (‘pegged’ in a band) to the US dollar so changes from the Fed impact on the HKMA and HKD. The Fed is on hold though thus the steady comments.

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The Hong Kong Monetary Authority acts as HK’s central bank. The HKD is linked (‘pegged’ in a band) to the US dollar so changes from the Fed impact on the HKMA and HKD. The Fed is on hold though thus the steady comments.

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The Hong Kong Monetary Authority acts as HK’s central bank.
The HKD is linked (‘pegged’ in a band) to the US dollar so changes from the Fed impact on the HKMA and HKD. The Fed is on hold though thus the steady comments.